The funds and angels backing Nigerian tech, ranked by deal activity, with portfolios, stages, and capital deployed as lead. Deployed figures are estimates derived from disclosed rounds.
| #▲ | Investor | Location | Est. | Type | Sector focus | Notable investments | Stage | Deals | Exits | Deployed (lead) |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Y Combinator | USA | — | Accelerator | — | Aella, Anchor, Bujeti +9 | — | 22 | — | $24.7M |
| 2 | Ventures Platform | Abuja, Nigeria | 2016 | VC | — | Brass, Fez Delivery, Juicyway +9 | Pre-Seed, Seed, Series A | 17 | — | $10.7M |
| 3 | Techstars | USA | — | Accelerator | — | AltSchool Africa, Blackcopper, Cutstruct +7 | — | 10 | — | $2.0M |
| 4 | Future Africa | — | — | Syndicate | — | Chaka, Itana, Juicyway +4 | — | 8 | — | $2.5M |
| 5 | Voltron Capital | Lagos, Nigeria | 2021 | VC | — | AltSchool Africa, Bujeti, Clafiya +5 | Pre-Seed, Seed | 8 | — | $1.0M |
| 6 | Cascador | Lagos, Nigeria | 2019 | Accelerator | — | Agriarche, First Electric, Fortics +4 | Mid-Stage Growth, Pre-Series A | 7 | — | $5.8M |
| 7 | MaC Venture Capital | Los Angeles, CA, United States | 2019 | VC | — | Big Cabal Media, Carrot, Prembly +3 | Seed, Series A | 6 | — | $18.0M |
| 8 | Microtraction | Lagos, Nigeria | 2017 | VC | — | Clafiya, Famasi Africa, Intron Health +3 | Pre-Seed, Seed | 6 | — | $1.6M |
| 9 | Catalyst Fund | Nairobi, Kenya | 2016 | Accelerator | — | Eight Medical, Farmz2U, Paddy Cover +2 | Pre-Seed, Seed | 6 | — | $500K |
| 10 | TLcom Capital | Nairobi, Kenya | 1999 | VC | — | Okra, Pastel, SeamlessHR +1 | Seed, Series A, Series B | 5 | — | $16.5M |
| 11 | 4DX Ventures | New York, NY, United States | 2017 | VC | — | Chaka, Dash, Nestcoin +1 | Early Stage (Seed, Series A) | 5 | — | $2.3M |
| 12 | Speedinvest | Vienna, Austria | 2011 | VC | — | FairMoney, Moove | Pre-Seed, Seed | 4 | — | $105.0M |
| 13 | All On | Lagos, Nigeria | 2016 | Impact | — | Arnergy, Eja-Ice, Salpha Energy | Seed, Early Stage, Growth | 4 | — | $5.3M |
| 14 | Ingressive Capital | Lagos, Nigeria | 2017 | VC | — | Klas, Mono, Renda | Pre-Seed, Seed | 4 | — | $2.9M |
| 15 | Aruwa Capital | Lagos, Nigeria | 2019 | Growth/PE | — | AgroEknor, OmniRetail, Taeillo | Early Stage, Growth Stage | 4 | — | $2.6M |
| 16 | Launch Africa Ventures | Johannesburg, South Africa | 2020 | VC | — | Baskett, Fix45, Termii +1 | Seed, Series A | 4 | — | $2.3M |
| 17 | Unicorn Growth Capital | New York, NY, United States | 2020 | VC | — | Bitmama, CredRails, Verto | Seed, Series A | 4 | — | $1.6M |
| 18 | Magic Fund | San Francisco, CA, United States | 2017 | VC | — | Juicyway, Nestcoin, Renda +1 | Pre-Seed, Seed | 4 | — | $330K |
| 19 | Entrée Capital | London, United Kingdom | 2010 | VC | — | Bujeti, Kuda, Mono | Pre-Seed, Seed, Series A | 4 | — | — |
| 20 | Visa | USA | — | Accelerator | — | Branch, Interswitch, Moniepoint | — | 3 | — | $210.0M |
| 21 | QED Investors | Alexandria, VA, United States | 2007 | VC | — | Moniepoint, Raenest, Remedial Health | Seed, Series A, Series B | 3 | — | $73.0M |
| 22 | Costanoa Ventures | Palo Alto, CA, United States | 2012 | VC | — | Smile ID, Umba | Seed, Series A | 3 | — | $42.0M |
| 23 | Adlevo Capital | Lagos, Nigeria | 2007 | VC/PE | — | Paga | Growth Stage, Series A, Series B | 3 | — | $22.0M |
| 24 | AfricInvest | Tunisia | — | VC | — | Kredete, Moove, PalmPay | — | 3 | — | $22.0M |
| 25 | Deciens Capital | San Francisco, CA, United States | 2017 | VC | — | Chipper Cash | Seed, Early Stage | 3 | — | $16.2M |
| 26 | Quona Capital | Washington, DC, United States | 2015 | VC | — | Cowrywise, Verto | Series A, Series B | 3 | — | $13.0M |
| 27 | Zedcrest Capital | Lagos, Nigeria | 2013 | Corporate | — | Cutstruct, Leatherback, PaidHR | Pre-Seed, Seed, Debt | 3 | — | $10.6M |
| 28 | Global Founders Capital | Berlin, Germany | 2013 | VC | — | Dash, LemFi, Sudo Africa | Seed, Early Stage, Growth Stage | 3 | — | $3.7M |
| 29 | Accion Venture Lab | Washington, DC, United States | 2012 | Impact | — | Lidya, PaidHR | Pre-Seed, Seed | 3 | — | $3.0M |
| 30 | Sahel Capital | — | — | VC | — | Rasad Nigeria, Winich Farms | — | 3 | — | $2.1M |
| 31 | Breyer Capital | Austin, TX, United States | 2006 | VC | — | Carepoint, Chaka | Early Stage, Growth Stage | 3 | — | $1.5M |
| 32 | GreenHouse Capital | Lagos, Nigeria | 2014 | VC | — | BFREE, Busha, Yep! | Pre-Seed, Seed, Series A | 3 | — | $1.5M |
| 33 | HoaQAngel | Lagos, Nigeria | 2020 | Angel | — | Chekkit, Clafiya, Klas | Pre-Seed, Seed | 3 | — | — |
| 34 | Omidyar Network | Redwood City, CA, United States | 2004 | Impact | — | Paga | Seed, Early Stage, Growth Stage | 3 | — | — |
| 35 | B Capital Group | Manhattan Beach, CA, United States | 2015 | VC | — | Branch, Flutterwave | Early Stage, Growth Stage | 2 | — | $250.0M |
| 36 | Meituan | Beijing, China | 2010 | Corporate | — | OPay | Strategic, Series A, Growth | 2 | — | $120.0M |
| 37 | General Atlantic | USA | — | Growth/PE | — | Reliance HMO | — | 2 | — | $80.0M |
| 38 | Polychain Capital | San Francisco, CA, United States | 2016 | Crypto/Web3 | — | Canza Finance, Yellow Card | Seed, Early Stage | 2 | — | $42.3M |
| 39 | Base10 Partners | San Francisco, CA, United States | 2017 | VC | — | Bumpa, Nomba | Early Stage, Series A, Growth Stage | 2 | — | $34.0M |
| 40 | Ribbit Capital | Palo Alto, CA, United States | 2012 | VC | — | Chipper Cash | Seed, Early Stage, Growth Stage | 2 | — | $30.0M |
| 41 | TRB Advisors | New York, NY, United States | 2010 | Family Office | — | Carepoint | Early Stage, Growth Stage, Multi-Strategy | 2 | — | $20.0M |
| 42 | Asia Pacific Land | Hong Kong, Hong Kong | 1994 | Growth/PE | — | Carepoint | Growth Stage, Buyout | 2 | — | $18.0M |
| 43 | 8VC | Austin, TX, United States | 2015 | VC | — | Terra Industries | Seed, Series A, Series B | 2 | — | $11.8M |
| 44 | Alitheia Capital | Lagos, Nigeria | 2007 | Impact | — | Haul247, Lidya | Early Stage, Growth Stage | 2 | — | $11.3M |
| 45 | Helios Digital Ventures | London, United Kingdom | 2021 | VC | — | Nomba, SeamlessHR | Seed, Early Stage | 2 | — | $9.0M |
| 46 | Novastar Ventures | Nairobi, Kenya | 2014 | VC | — | Chowdeck, Max | Seed, Series A, Series B | 2 | — | $9.0M |
| 47 | 500 Global | San Francisco, CA, United States | 2010 | Accelerator | — | BetaStore, ThankUCash | Pre-Seed, Seed, Early Stage | 2 | — | $7.8M |
| 48 | Mobility 54 | Nagoya, Japan | 2019 | Corporate | — | Etap, OnePort365 | Seed, Series A, Series B | 2 | — | $6.5M |
| 49 | 1984 Ventures | USA | — | VC | — | Cleva | — | 2 | — | $3.0M |
| 50 | LocalGlobe | London, United Kingdom | 2015 | VC | — | Itana, Smile ID | Pre-Seed, Seed | 2 | — | $2.0M |